Since the founding of the People's Republic of China 75 years ago, the country has evolved from a backward and poor nation into the world's second-largest economy, achieving numerous milestones along the way.
Germany carmaker BMW urges Germany to vote against the additional high tariffs on China-made electric vehicles (EV), the latest move by a key industry representative within the EU standing up to oppose the decision made by the European Commission (EC), citing concerns for an escalating trade dispute.
Amid the turbulent external market environment, the promotion of regional economic cooperation between China and South Korea for high-end development depends on their ability to resist external interference disrupting regional ...
Since Nepal's participation in the China-proposed Belt and Road Initiative (BRI) began several years ago, practical bilateral cooperation in various fields has noticeably accelerated, making a contribution to Nepal's transition ...
Chinese stocks listed overseas continued their upward trajectory, even as the Chinese mainland market closed for the week-long National Day holidays. This trend highlights how recent stimulus measures in China have boosted overseas investors' confidence in the Chinese economy and ...
Over the past 75 years since the founding of the People's Republic of China, the country's economic strength, scientific and technological capabilities, and overall national power have significantly increased, and its international influence has greatly expanded, according to a report ...
The 2024 World Internet Conference (WIC) Wuzhen Summit, slated for November, will focus on artificial intelligence (AI), according to the organizers.
On September 26, the finals of the Global Agrilnno Challenge began. Nine international teams and dozens of young entrepreneurs showcased their artificial intelligence-empowered solutions to address the challenging issues in the global agrifood system transformation
Global Times learned that the commerce ministers of China and the US will hold talks soon. They will exchange in-depth views on China-US economic and trade relations, and key issues regarding the economic and trade to both sides, including restrictions ...
The number of visitors to new properties and second-hand houses increased after a series of policies and measures boosting the real estate sector were released in rapid succession during the past week.
China's stock market opened higher on Monday, with the turnover on the Shanghai and Shenzhen stock exchanges exceeding 1 trillion yuan ($142.6 billion) for the fourth consecutive trading day.
China's consumption market has shown multiple positive signs as the week-long National Day holiday period is about to start on Tuesday, with industry insiders expecting to see bustling scenes across different sectors, ranging from tourism, transport, movie-going and catering.
China's central bank on Sunday adjusted the pricing mechanism for mortgage rates, as the country aims to lower the financial burden on property owners. In accordance with the central bank's guidance, China's "big four" commercial banks issued statements confirming that ...
Recently, the 45,000-square-meter rooftop solar photovoltaic power station of Zhejiang Mingde Precision Machinery Co Ltd, located in the Deqing Economic and Technological Development Zone in East China's Zhejiang Province, was connected to the grid for power generation.
China has embarked on a journey to build a strong nation in the new era, advancing national rejuvenation on all fronts through a Chinese path to modernization.
A white collar worker surnamed Wang in her 20s, based in Wuhan, Central China's Hubei Province, starts her day by waking up and sitting before a made-in-China "magical mirror" or a mirror device powered by domestically developed artificial intelligence (AI) ...
The EU's reported delay of the vote on imposing tariffs on imported electric vehicles (EVs) from China showed the divergent attitudes of EU member states while the two sides aim to resolve the trade disputes through consultations, Chinese experts said ...
China will deepen business cooperation with African countries in industrial and supply chain integration, promoting mutual benefits and shared growth within the context of the upcoming China International Supply Chain Expo (CISCE), a spokesperson for the China Council for the ...
As the world's second-largest and one of the fastest-growing economies, China has a vibrant and vast market, and continues to provide new opportunities for the world through new developments. As China continuous to develop, its biomedical industry is undergoing an ...
For the global business community, including US companies, no one wants to "decouple" from China, as cooperation remains the mainstream, and mutual benefit is the goal, Wang Linjie, spokesperson from China Council for the Promotion of International Trade (CCPIT) told ...
October 1 marks the 75th anniversary of the founding of the People's Republic of China (PRC). According to industry insiders, the rapid rollout of Hualong One, China's homegrown nuclear reactor, is indicative of the profound transformation of China's energy development ...
The EU has implemented measures aimed at restricting Chinese products through new rules, investigations and potential tariff policies. Now, it has its sights set on Chinese hydrogen electrolyzers. Chinese experts on Saturday said that it is "a move of self-limitation" ...
The rising demand for travel during China's week-long National Day holidays starting on October 1 is expected to inject more vitality into domestic consumption, with growth foreseen in relevant sectors amid ramped-up policy support.
China completed a trial operation of an unmanned heavy-haul train on the railway connecting North China's Hebei and East China's Shandong provinces, marking a key milestone in advancing from automated to unmanned heavy-haul railway technology.
US electric vehicle maker Tesla announced on Saturday that it has shipped its 1 millionth made-in-China vehicle from its Shanghai plant. Experts say the milestone reflects China's strong and complete industrial supply chains.
The People's Bank of China (PBC), the country's central bank, announced on Friday a cut of 50 basis points (bps) in the reserve requirement ratio (RRR), effective Friday. The cut will lower the weighted average RRR for financial institutions to ...
The Fourth Strategic Economic Dialogue between China and Australia was held in Beijing on Thursday, focusing on enhancing bilateral exchanges and promoting effective and pragmatic economic cooperation, China's top economic planner announced on Friday.
African officials and business representatives expressed their high expectations for cooperation with China regarding digital transformation which can help with Africa's industrial upgrade at the ongoing third Global Digital Trade Expo (GDTE).
China's industrial profits maintain growth from January to August, marking 0.5 percent increase year-on-year, driven by high-tech manufacturing, despite the challenges including extreme weather and a high-base effect.
On September 23, 2024, the Chinese national brand "YAYA Down Jacket" made its second appearance at Milan Fashion Week, unveiling the 2024 Black Label Goose collection. This collection features top-grade Siberian goose down, winning the attention of the global fashion ...
China's central bank on Friday announced a cut in the reserve requirement ratio by 0.5 percentage points for financial institutions.
A joint investigation group in Hefei, capital of East China's Anhui Province, announced in a statement on Thursday that it will confiscate illegal gains and impose a fine totaling 68.9491 million yuan ($9.83 million) on Three Sheep Group, a company ...
The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on Thursday to analyze the current economic situation of China and make further plans for economic work. Xi Jinping, general secretary of the CPC Central ...
Chinese regulators on Thursday unveiled a guidance aimed at encouraging medium- and long-term funds to enter the capital market, in a move which experts said will foster the healthy development of China's capital market and bolster investor confidence.
China is the world's largest new-energy vehicle (NEV) market - and it's growing. As the market grows, the development dividends it brings to multinational enterprises will become more apparent.
Rather than focusing solely on the short-term fluctuations of the exchange rate, investors are advised to pay more attention to the long-term steady trend of the yuan's value and the stable economic development in China that underpins its value.
A Communist Party of China (CPC) leadership meeting held on Thursday emphasized the importance of stabilizing the property market. Experts and agents said the meeting has instilled confidence in the property market, and this renewed optimism is expected to drive ...
Foreign businesses praised China's digitalization advancements at the third Global Digital Trade Expo, one of the world's largest of its kind, in Hangzhou, East China's Zhejiang Province, while advocating a greater embrace of the new opportunities this trend presents.
China's Ministry of Commerce (MOFCOM) launched an anti-discrimination investigation on Thursday into Canada's tariff hikes on electric vehicles (EVs) as well as steel and aluminum products imported from China, after initial results uncovered this discriminatory approach.
At 8:10 on September 24, State Grid Jiangsu Electric Power Company organized and completed a helicopter-assisted high-altitude segmented tower erection operation in Taizhou, Jiangsu Province. This marked the company's first use of a helicopter for tower erection.
This year marks the 11th anniversary of the China-proposed Belt and Road Initiative. During the first Belt and Road Forum for International Cooperation (BRF) in May 2017, China announced that it launched the Belt and Road Science, Technology, and Innovation ...
Technical teams from China and the EU are actively negotiating a flexible price undertaking solution, as directed by the consultation of Chinese Minister of Commerce Wang Wentao and European Commission (EC) Executive Vice President and Trade Commissioner Valdis Dombrovskis, regarding ...
China National Nuclear Power (CNNP) released its first technical service brand “I-Nuclear” on Wednesday, aiming to further provide all-around and multi-level technical support for the safe and efficient operation of nuclear power plants.
China's Shanghai Composite Index surged more than 100 points, closing above 3,000 points on Thursday, the first time above the key benchmark since July 2, following a series of pro-growth policy measures rolled out by policymakers that help lift up ...
China's Ministry of Commerce announced on Thursday that it commenced from Thursday an anti-discrimination investigation into Canada's tariff hikes on electric vehicles (EVs) as well as steel and aluminum products imported from China, after initial results have unveiled such discriminatory ...
Shenhai Yihao, or Deep Sea No. 1, China's first homegrown ultra-deepwater gas field project, was completed on Thursday after the construction of its second phase came to an end. The achievement sets a major milestone for the country's self-reliance in ...
The Hong Kong Special Administrative Region (HKSAR) government on Wednesday strongly condemned and rejected a report on academic freedom in Hong Kong published by US-based infamous NGOs, noting that its content is all malicious smears and sweeping remarks.
On September 19, State Grid Aksu Power Supply Company successfully achieved, for the first time, the one-click "full stop and full turn" of the entire 110 kV Sunshine distribution network load through power distribution automation. The successful application of this ...
Beijing Daxing International Airport, the second international airport in the Chinese capital, celebrated its fifth anniversary of operation on Wednesday, as China plans to establish a group of world-class aviation enterprises and hubs by 2050.
China will implement an employment-first strategy, strengthen employment-first policies, address structural contradictions, deepen institutional reforms and guard against the risk of large-scale unemployment to promote an effective improvement in employment quality and reasonable growth in quantity, according to a guideline ...
As certain economies periodically promote the rhetoric of "decoupling" from China - calling for import tariffs on a wide range of Chinese products, from steel to cement - South Korea's plan to import Chinese cement to alleviate the rising cost ...
China's central bank on Wednesday lowered the cost of its medium-term loans to banks , marking the first reduction of the country's market-based interest rates after the relevant Chinese authorities on Tuesday rolled out major policies to support the economy, ...
Some Canadian politicians may not be aware that they are playing a dangerous game, in which the Canadian economy, particularly the country's auto industry, will suffer losses as a result of the irrational synergy with US protectionist trade policies.
The Democratic Progressive Party (DPP) authorities in the island of Taiwan should take practical actions to stop harming cross-Straits relations and the interests and well-being of people on both sides of the Taiwan Straits, Zhu Fenglian, a spokesperson of the ...
The third Global Digital Trade Expo (GDTE) kicked off on Wednesday in Hangzhou, capital city of East China's Zhejiang Province, the nation's innovation and trade hub, showcasing China's significant new opportunities and latest solutions in the digital economy.
On September 20, State Grid Taizhou Electric Power Company successfully completed a 10kV power generation operation and live-line work on a tension-proof lead wire in the Medical and High-Tech Zone of Taizhou city, Jiangsu Province, through a medium- and low-voltage ...
China's Commerce Ministry on Wednesday expressed firm opposition to the US government's proposed ban on Chinese software and hardware products, calling on the US side to immediately withdraw the restrictive measures, and vowing to take all necessary measures to safeguard ...
LONGi Green Energy Technology Co., Ltd. (hereinafter referred to as "LONGi"), a China-based solar technology company, recently published a research paper titled Perovskite-silicon tandem solar cells with bilayer interface passivation online in the journal Nature as the first corresponding author. ...
China has called for a great global effort to enhance international technological collaboration to address common challenges, and China is willing to contribute Chinese wisdom for building a better home for humanity, according to a routine Foreign Ministry press briefing. ...
China's national program to promote trade-ins of durable consumer goods has achieved marked progress, as the efforts by local governments to propel domestic consumption bears fruit, officials said on Wednesday.
Australian Treasurer Jim Chalmers will visit China from Thursday to Friday and co-chair thee 4th China-Australia Strategic Economic Dialogue with Zheng Shanjie, head of China's National Development and Reform Commission (NDRC), the NDRC announced on Wednesday.
The forum “Cloud Cities. BRICS Urban Future Forum” concluded in Moscow, Russia on September 19, during which experts discussed the prospects for sustainable development of megacities in BRICS member states.
Xi'an, September 19, 2024 - Li Zhenguo, founder and president of LONGi, met with Mohammad Abunayyan, founder and chairman of Saudi International Power and Water Company (ACWA Power), in Northwest China's Xi'an, where LONGi's headquarter locates. The two leaders engaged ...
Amid a global downturn in foreign direct investment (FDI) in 2023, China recorded a robust 8.7% year-on-year growth in outbound FDI, with a 31.5 percent surge in investment directed towards Belt and Road Initiative (BRI) countries, signaling a steady and ...
The world's first floating thermal injection platform used for heavy oil thermal recovery was launched at a shipyard located in East China, marking a major technological breakthrough in tapping offshore heavy oil and bolstering the country's energy security, domestic media ...
Chinese A-shares and the exchange-traded funds (ETFs) that track them continued to surge on Wednesday morning, buoyed by the financial stimulus announced on Tuesday aimed at ramping up economic growth.
On September 5, State Grid Aksu Power Supply Company announced that the first electric carbon fusion meter (hereinafter referred to as the "electric carbon meter") has been put into operation on the 220kV Baishui substation, making previously invisible carbon emissions ...
China firmly opposes the US' unilateral and hegemonic moves to turn undersea cables into a political and security issue, and it vows to continue defending the lawful and legitimate interests of Chinese companies, Chinese Foreign Ministry spokesperson Lin Jian said ...
While the US has rallied its allies to form a so-called mineral-security alliance under the banner of "breaking China's grip on supplies of critical minerals," this initiative does little to mask its own ambitions and strategic maneuvers aimed at establishing ...
Trade protectionism and free trade represent two opposing approaches to international trade. It should be noted that, although protectionism has had an unprecedented impact on free trade, the latter has been proven as the easiest and most effective way to ...
China is willing to work with ASEAN to deepen practical cooperation and write a new chapter in building a closer China-ASEAN community with a shared future, Chinese Vice Premier Ding Xuexiang said on Tuesday during the opening ceremony of the ...
German listed mining and tunneling equipment manufacturer SMT Scharf AG (Scharf AG) on Tuesday completed its listing board transfer to the Frankfurt Stock Exchange following its acquisition by the Chinese Yankuang Energy Group Co (Yankuang Energy).
Chinese officials on Tuesday rolled out a slew of major policy measures to support the country's economy, the housing market and the stock market, including cuts to the policy rate and the reserve requirement ratio (RRR), all aimed at creating ...
The 2024 China-Central Asia Teenager Maker Camp, hosted by Children and Youth Science Center of CAST and Xinjiang Association for Science and Technology, kicked off at Xinjiang Medical University on September 22, as an important part of the National Science ...
October 1, 2024 marks the 75th anniversary of the founding of the People's Republic of China. Over the past 75 years, under the strong leadership of the Communist Party of China, the country has made remarkable progress in social and ...
China's Ministry of Commerce (MOFCOM) on Tuesday said it had launched an investigation into US company PVH under the Unreliable Entity List System for suspected violation of normal market trading principles regarding products related to Northwest China's Xinjiang Uygur Autonomous ...
The port at the West Kowloon Station, the Hong Kong terminus of the Guangzhou-Shenzhen-Hong Kong Express Rail Link (Guang-Shen-Gang XRL) celebrated its 6th anniversary on Monday.
China's drone sector is developing rapidly, with 1.875 million drones registered nationwide as of June 2024, according to the Civil Aviation Administration of China (CAAC) on Tuesday. Experts suggest that the widespread application of drones across various sectors is driving ...
The Shanghai Composite Stock Index surged by 4.15 percent as of Tuesday closing, marking its largest single-day rise in more than four years, as the broader market experienced a significant rally following the release of ramped-up monetary policies to boost ...
China's top securities regulator announced on Tuesday that it will implement measures designed to promote medium- and long-term funds into the market, as well as facilitate mergers and acquisitions (M&A) and restructuring of the listed companies.
China's central bank on Tuesday unveiled a new package of monetary measures, led by significant reductions in existing mortgage rates, in a bid to rejuvenate the country's real estate market and fire up consumer spending.
The State Grid Zhongwei Power Supply Company is advancing the expansion of 10kV substation intervals to meet the growing electricity demands of the local big data industry.
China will cut the amount of cash that banks must hold as reserves known as reserve requirement ratios (RRR) by 50 basis points soon, central bank governor Pan Gongsheng announced at a press conference on Tuesday.
China's steel exports periodically capture the attention of the Western public. While Chinese steel exports to Europe and the US remain limited, Western narratives often emphasize external factors as the primary contributors to their companies' challenges. This perspective may inadvertently ...
A modular flying car is on display at the 2024 Shenzhen eVTOL Expo on September 23, 2024. The three-day event, which is being held in Shenzhen, South China's Guangdong Province from September 23 to 25, will focus on promoting the ...
China and Switzerland jointly announced on Monday to officially launch negotiations to upgrade their free trade agreement (FTA), according to China's Ministry of Commerce (MOFCOM) on Monday.
Chinese electric vehicle (EV) giant BYD's reported plan to build its first EV assembly plant in Pakistan has sparked optimism about Pakistan's prospects to boost EV production and exports. This development signals a strengthening of industrial cooperation, particularly in the ...
Member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee and Vice Premier of the State Council Ding Xuexiang will attend and address the opening ceremony of the 21st China-ASEAN Expo and the ...
China's Ministry of Commerce (MOFCOM) on Monday expressed regret over the EU's move to take China to the World Trade Organization (WTO) over China's anti-subsidy investigation into EU dairy products. MOFCOM said the investigation was initiated based on Chinese laws ...
China is making a vital contribution to the global energy shift by providing high-quality and affordable new-energy solutions to overseas clients and investing heavily in its own green energy capacity, analysts and industry experts said on Monday, a day after ...
The China Securities Index Co (CSI) on Monday formally launched the CSI A500 Index, a new stock index that embraces leading firms from emerging sectors, aiming to better represent China's high-quality growth and offer options for investors seeking medium- to ...
The implementation of China's plan to promote the large-scale renewal of equipment and trade-ins of consumer goods have effectively propelled the country's industrial development, and authorities have stepped up financial support for enterprises to advance technological progress and equipment upgrades, ...
French cognac makers are calling for the EU to postpone voting to impose additional tariffs on Chinese electric vehicles (EVs) amid ongoing EV negotiations between China and the EU, AFP reported on Sunday.
The People's Bank of China (PBC) announced on Monday that it will lower the interest rate for 14-day reverse repos from 1.95 percent to 1.85 percent. This cut, the first since February, is expected to help stabilize market liquidity ahead ...
The China-Europe freight trains now pass daily through Alashankou Port in Northwest China's Xinjiang Uygur Autonomous Region, becoming the new “steel camels” of the China-proposed Belt and Road Initiative (BRI), a modern evolution that takes on and carries forward the ...
US bank Citigroup Inc has been working to set up a standalone securities firm in China, but it "has hit a roadblock with US regulators after the Federal Reserve imposed a penalty on the bank for its data management and ...
The inaugural China Digital Human Conference is exploring the development of the digital human industry, focusing on advancing artificial intelligence-generated content (AIGC), intelligent agents and embodied intelligence to drive innovation, enhance the ecosystem, and ensure security, maintaining China's leadership in ...
Volkswagen Group China is continuously optimizing the cost efficiency of all departments and projects, the company said in a statement sent to the Global Times on Monday, in response to the question that the German car maker is reportedly laying ...
On September 11, 30 acres of corn in Lijiaying Village, Shangji Town, Xichuan County, Nanyang, were ripening. Under the supervision and guidance of Li Jianbo and Jin Zicheng from the Shangji Power Supply Station, two corn harvesters successfully navigated around ...
Chinese experts on Sunday criticized a reported plan of the US to ban Chinese-made software and hardware in connected and autonomous vehicles in the US, saying the move lays bare Washington's reckless attempt to politicize trade issues and will hurt ...
For US political elites, some of whom rashly advocate for economic “decoupling,” America's shipbuilding industry should serve as a lesson. It demonstrates that revitalizing US manufacturing requires global cooperation and fair competition, rather than trade protectionism and geopolitical games.
The annual China-ASEAN Expo will be held in Nanning, South China's Guangxi Zhuang Autonomous Region, from Tuesday to Saturday. It will showcase the outcomes of fruitful cooperation between the two major economies and highlight the potential for more in-depth cooperation ...
The 36th International Business Leaders' Advisory Council for the Mayor (IBLAC) kicked off in Shanghai on Sunday, bringing together top executives from more than 30 leading multinationals to exchange global practices and insights in support of the metropolis' innovative growth ...
More than 10,000 apps and services can now be found on the HarmonyOS NEXT, a proprietary operating system (OS) developed by Chinese technology company Huawei, a company executive said over the weekend.